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Setup $ETH Short bias — Confirmed
Current Price: 1659
Entry: 1654-1663
SL: Above 1687
TP1: 1601
TP2: 1572
Status: ACTIVE
Why this setup works:
- The air is coming out of the trade; bulls are exhausted and forced to exit as price drops below resistance.
- The mounting pressure under the entry zone suggests we are moments away from a massive liquidation cascade.
- Panic selling is the likely outcome if this level gives way, rewarding shorts who positioned ahead of the dump.
See previous setups if you're interested: $SOL L, $BTC #StrategyAdds1550BTCatLowerPrices